MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

4:00 PM EST

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To: Lee Lichterman III who wrote (24279)	8/31/1999 3:40:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

Expecting one more buy program to kick in here soon and will exit on that next move up. I don't want to be greedy and I expect a re-test of the 695 OEX area tomorrow so will try to re-enter on that. Matt - Yes leverage is better and the spreads usually are tighter but in a fast whipsaw market like today, the spreads widen out. Normal spread is 1/4 point and often you can get fills in-between except for my luck lately. Today the spreads are running about 1/2 point and market orders are getting raped outside the spread. Have to put my order in quick. Good Luck, Lee

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